Common use of Retention of Items Clause in Contracts

Retention of Items. Once you have received notice from us that your transmission was successful, you agree to retain each Check in its original form for at least 60 days. During this time, you agree to make the original Check available to us within 10 calendar days on our request and at your expense. If you do not provide a requested Check to us in a timely manner, we may reverse any credit we have provided for the Item. After 60 days, you agree to xxxx each accepted Check “Void” across the face of the Check and destroy the Check by cross-cut shredding or another secure method to ensure that the Check will not be redeposited. Unless instructed by us in writing, you may not to negotiate, present, or redeposit an original Check that has been deposited through the Service.

Appears in 6 contracts

Samples: Remote Deposit Capture Agreement, Remote Deposit Capture Agreement, Capture Agreement

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Retention of Items. Once you have received notice from us that your transmission was successful, you agree to retain each Check in its original form for at least 60 days. During this time, you agree to make the original Check available to us within 10 calendar days on our request and at your expense. If you do not provide a requested Check to us in a timely manner, we may reverse any credit we have provided for the Item. After 60 days, you agree to xxxx mark each accepted Check “Void” across the face of the Check and destroy the Check by cross-cut shredding or another secure method to ensure that the Check will not be redeposited. Unless instructed by us in writing, you may not to negotiate, present, or redeposit an original Check that has been deposited through the Service.

Appears in 4 contracts

Samples: Remote Deposit Capture Agreement, Remote Deposit Capture Agreement, Capture Agreement

Retention of Items. Once you have received notice from us that your transmission was successful, you agree to retain each Check in its original form for at least 60 daysdays after the corresponding Item is sent to us. During this time, you agree to make the original Check available to us within 10 calendar days on our request and at your expense. If you do not provide a requested Check to us in a timely manner, we may reverse any credit we have provided for the Item. After 60 days, you agree to xxxx mark each accepted Check “Void” across the face of the Check and destroy the Check by cross-cut a secure shredding or another secure method to ensure that the Check it will not be redeposited. Unless instructed by us in writing, you may not to negotiate, present, or redeposit an original Check that has been deposited through the Service.

Appears in 2 contracts

Samples: Account Agreement, www.tapfcu.coop

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Retention of Items. Once you have received notice from us that your transmission was successful, you agree to retain each Check in its original form for at least 60 daysdays after the corresponding Item is sent to us. During this time, you agree to make the original Check available to us within 10 calendar days on our request and at your expense. If you do not provide a requested Check to us in a timely manner, we may reverse any credit we have provided for the Item. After 60 days, you agree to xxxx each accepted Check “Void” across the face of the Check and destroy the Check by cross-cut a secure shredding or another secure method to ensure that the Check it will not be redeposited. Unless instructed by us in writing, you may not to negotiate, present, or redeposit an original Check that has been deposited through the Service.

Appears in 2 contracts

Samples: Account Agreement, www.tapfcu.coop

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